Diesel Falls to Lowest Price Since April

Date: Tuesday, December 11, 2018Source: CCJ

Diesel fuel prices continued to fall during the week ending Dec. 10, dropping another 4.6 cents to fall to the lowest point since the end of April, according to the Department of Energy’s weekly report.

The 4.6-cent decrease brings the U.S.’ average for a gallon of on-highway diesel to $3.161. The last time prices were this low was the week ending April 30 when fuel hit $3.157 per gallon nationwide.

Prices fell in all regions across the country during the most recent week with the most significant decrease being seen in the Gulf Coast region, which fell by 5.5 cents.

The most expensive diesel is in California at $3.887 per gallon, followed by the Central Atlantic region at $3.368 per gallon.

The cheapest fuel can be found in the Gulf Coast region at $2.934 per gallon, followed by the Lower Atlantic region at $3.053 per gallon.

Prices in other regions, according to DOE, are:

New England – $3.295

Midwest – $3.054

Rocky Mountain – $3.239

West Coast less California – $3.357

ProMiles’ numbers during the week saw fuel prices fall by 4.5 cents, bringing its national average to $3.10 per gallon.

According to ProMiles’ Fuel Surcharge Index, the most expensive diesel can be found in California at $3.841 per gallon, and the cheapest can be found in the Gulf Coast region at $2.952 per gallon.